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Dec 2, 2012
12/12
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice to succeed hillary clinton as secretary of state. but senator johnny isaacson of georgia said he would not confirm her. why? >> i don't think she is confirmable right now because of the lack of information we have on the entire benghazi issue, from the administration. susan rice is the tip of the sphere. t
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't...
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Nov 14, 2012
11/12
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CNBC
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as america demands compromise, on growing the economy and avoiding the fiscal cliff. the president today hosted an old fashioned lefty summit filled with labor chiefs and foreign liberal groups. he went to them ahead of business and the politicians are going to come later on friday. they are going to consider mitt romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a national movement to eat pizza. 48 days until the biggest tax hike in the history of the planet earth. president obama put labor and local interest groups to who knows what. senate minority leader had the perfect response on the senate floor today please take a lis ebb. >> the amount of revenue that they are prepared to put usual over the cliff over wouldn't fund the government for one week. so why in the world would we want to do that? what is the point? to make people feel good about whacking somebody else. >> so what is your answer to what mitch mcconnel said? go after rich p
as america demands compromise, on growing the economy and avoiding the fiscal cliff. the president today hosted an old fashioned lefty summit filled with labor chiefs and foreign liberal groups. he went to them ahead of business and the politicians are going to come later on friday. they are going to consider mitt romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a...
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Nov 12, 2012
11/12
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and what will force the issue is the fiscal cliff. we'll have both sides looking ridiculous enough going down the path of europe if we don't watch out. and i can't imagine. i know when you get to washington, something happens. you take a stupid pill and you can't tell the truth. >> i'm still taking them. >> you can't stop. you're addicted. they're so much fun. >> they're great. >> i love the ladies of "the view." i don't know how they do it. they keep it going. they keep you under control. >> they're the best. what are you laughing about? you love "the view," too. >> he's here. i'd like lewis to finish "the cooler", please. i want to respond to the ladies of "the view." they're fantastic. gorgeous. what else do you have, lewis? >> i'm wondering, lewis, do you have any stories on -- about the brutal sport of japanese bowling? >> in an annual test of international strength took place. japanese pole pulling. >> what is that? >> it's japanese pole pulling. it's pull down the pole in japanese. they split into two teams. teams are allowed t
and what will force the issue is the fiscal cliff. we'll have both sides looking ridiculous enough going down the path of europe if we don't watch out. and i can't imagine. i know when you get to washington, something happens. you take a stupid pill and you can't tell the truth. >> i'm still taking them. >> you can't stop. you're addicted. they're so much fun. >> they're great. >> i love the ladies of "the view." i don't know how they do it. they keep it going....
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Nov 15, 2012
11/12
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MSNBC
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we have our own fiscal cliff in europe. it is called austerity. it is going on especially throughout southern europe. it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline aggressively on the back of the tax hikes. it sounds familiar to the debate you're having in the united states. the difference is we're living it now. you're talking about it in the future as well. so the potential ramifications of the fiscal cliff have affected europe. >> shoot me an e-mail at waytooearly@msnbc.com. let me know why you're awake right now. we've moved things around a little bit. we'll read the best responses later in the show. >
we have our own fiscal cliff in europe. it is called austerity. it is going on especially throughout southern europe. it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on,...
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90
Nov 18, 2012
11/12
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FBC
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neil: apparently the fiscal cliff has a lot of folks feeling bummed out. so much that they are retrenching on their holiday spending plans. in fact, retrenching altogether, saying that things could be going from bad to worse. a lot of you might be saying was apprentice, i mean, she seems like this charming little tv star. what would she know about dealing with difficulties? well, she was in her story. it's a very gutwrenching story. i don't want to give a lot away in the book, but she has had a childhood was very interesting. >> yesterday made me cry. on the other network. >> i'm sorry. >> if you could put things into perspective about how you deal with that. because he dealt with it yourself. before we get into the particulars of your book, what advice to give in to the people who feel over to . >> this is what hope people take away at the end of the book. is that, you know, almost everybody has a story and has been for something almost impossible. you felt like they hit rock bottom or hit a hurdle that they kick it over. it's what you do with that. you k
neil: apparently the fiscal cliff has a lot of folks feeling bummed out. so much that they are retrenching on their holiday spending plans. in fact, retrenching altogether, saying that things could be going from bad to worse. a lot of you might be saying was apprentice, i mean, she seems like this charming little tv star. what would she know about dealing with difficulties? well, she was in her story. it's a very gutwrenching story. i don't want to give a lot away in the book, but she has had a...
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Oct 25, 2012
10/12
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FBC
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that fiscal cliff meeting at the end of the year, not happening, if you were thinking, after election day, they layout a nice plan to avoid this year-ender, bender, just get ready to, well, bend over, all of the bush tax rates are e expiring, and we're hearing that two sides remain divided over the same issue. republicans don't top raise taxes on the rich -- don't want to raise taxes on the rich. democrats don't want to budget on entitlement. you know what that means. that either side takes it seriously, it is expecting the other side to blink. neither side sees its side doing so. one contact piped into this, told it this way. they keep shooting the breeze. but they keep shooting blanks. no one is budging, everyone is hoping that last day in december, mirror ac usually something will be -- miraculously something will be happening, i am telling you, it is not happening. in the meantime let me burst your bubble. no cobbling it deals, still squabbling over deals, i thought you might want to know that. they not only have a plan, neither side, republicans nor democrats has so much as a clu
that fiscal cliff meeting at the end of the year, not happening, if you were thinking, after election day, they layout a nice plan to avoid this year-ender, bender, just get ready to, well, bend over, all of the bush tax rates are e expiring, and we're hearing that two sides remain divided over the same issue. republicans don't top raise taxes on the rich -- don't want to raise taxes on the rich. democrats don't want to budget on entitlement. you know what that means. that either side takes it...
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Oct 7, 2012
10/12
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CNNW
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i'm talking about the fiscal cliff. that's more than $600 billion of budget cuts and tax hikes for next year mandated to start taking effect as early as january 1st. now, what can happen, you ask? let's bring in christine romans. she's the host of "your bottom line" to answer that very question. christine? >> ail, i cannot confirm or deny that you're full of hot air, but i can tell you tax hikes will affect us all if nothing is done to avert this fiscal cliff. here's what we're looking@t at the beginning of the year. taxpayers will pay $3,000 more in taxes if they don't do anything. a new report from the center of regional analysis at george mason university predicts that some 277,000 federal employees will lose their jobs in the next 12 months. that's 14% of the federal work force. and 14 of the 17 economists surveyed by cnn money, ali, they predict the fiscal cliff will cause a new recession. interestingly, all 17 believe the economy won't plunge off the cliff becau they think congress will finally get its act togethe
i'm talking about the fiscal cliff. that's more than $600 billion of budget cuts and tax hikes for next year mandated to start taking effect as early as january 1st. now, what can happen, you ask? let's bring in christine romans. she's the host of "your bottom line" to answer that very question. christine? >> ail, i cannot confirm or deny that you're full of hot air, but i can tell you tax hikes will affect us all if nothing is done to avert this fiscal cliff. here's what we're...
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Dec 23, 2012
12/12
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FBC
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lou: there are only ten days remaining tothe fiscal cliff. president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations wh the president ha, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbers, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be option collapsing last night when he failed to get republican support to raise taxes on only those making more than a million dollars a year. over in the senate majority leader harry reipounced on the very public embarrassing defeat. >> we knew the so-called plan b was no plan at al. it could not pass the senate. it turns out, it could not pass the house either. it is too bad speaker boehner wasted a week in his political stunt. lou: if there is no agreement, tas will go up on all american taxpayers and hundr
lou: there are only ten days remaining tothe fiscal cliff. president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations wh the president ha, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbers, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could...
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Nov 28, 2012
11/12
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MSNBCW
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will the fiscal cliff be on the agenda? >>> and what will president obama say when he speaks live next hour at the white house? we'll be flanked by middle-class families whose wallets could be impacted if congress fails to reach a deal. ♪ [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to
will the fiscal cliff be on the agenda? >>> and what will president obama say when he speaks live next hour at the white house? we'll be flanked by middle-class families whose wallets could be impacted if congress fails to reach a deal. ♪ [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today...
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524
Nov 15, 2012
11/12
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FBC
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european nations already on the wrong side of the fiscal cliff. the president says america can steer clear. >> i believe. and confident it can be done. i don't expect the republicans simply to cut up my budget. the recognize that were going to have to compromise. compromise is hard. lou: more than a trillion and a half in tax hikes, no spending cuts. what's the deal? that's tonight's chalk talk. with leaders descending on the white house to persuade the president to be pro-business, the ceo of a restaurant chain carl's jr. and hardy's does not think the president is listening. next. it's a new day. if you're a man with low testosterone, you should know thatxiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied unexpected signs of puberty in children or changes in body hair o
european nations already on the wrong side of the fiscal cliff. the president says america can steer clear. >> i believe. and confident it can be done. i don't expect the republicans simply to cut up my budget. the recognize that were going to have to compromise. compromise is hard. lou: more than a trillion and a half in tax hikes, no spending cuts. what's the deal? that's tonight's chalk talk. with leaders descending on the white house to persuade the president to be pro-business, the...
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Dec 24, 2012
12/12
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FBC
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the fiscal cliff fallback plan fails. mr. president of europe. it's your turn to lead. >> the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in ten days. how we get their god only knows. lou: chief economist joining us with perspectives on what is next for the markets, the economy, and the country. ♪ lou: ten days until the fiscal clef. that's right. still counting. the market sell-off today on no solution and moody's chief economist and bedford of adviser and chairman ceo harvey eisen will join us in moments to make all of this rational and understandable. first, and the "moneyline," investors expressed disappointment in the republican failure to pass plan be by selling stocks of around the world. certainly adding to the drama today, a day in which four kinds of options expire, and that is expected a quadruple preaching day, plunging on the open, fighting its way back, ending with a loss of 121 points. that sounds lousy, but it is better than it had been. the
the fiscal cliff fallback plan fails. mr. president of europe. it's your turn to lead. >> the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in ten days. how we get their god only knows. lou: chief economist joining us with perspectives on what is next for the markets, the economy, and the country. ♪ lou: ten days until the fiscal clef. that's right. still counting. the market sell-off today on no...
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Dec 21, 2012
12/12
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FBC
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with about 11 days to go before the so-called fiscal cliff, americans facing the biggest tax hike in history if the president and congress don't strike a deal did with talks now stalled, house speaker boehner right now zeroing in on the so-called fallback plan. chief congressional correspondent joining us with the report. >> this has been a heavy lift with numerous groups urging republicans to vote against speaker boehner's plan b, but with the economy less than two weeks from the fiscal cliff, they're trying to avoid a massive tax hike for everybody. >> the house housel asked today to be up to the senate and house to ask. >> securing more republican support, the house is voting on a separate measure to cancel next year's pentagon cuts as part of sequestration by slashing domestic programs. that has upset some house democrats did speak out these bills are not a plan, they are a ploy. these are bills to nowhere. in a deeply cynical move, so cynical, i have decided to offer another bill to put off some of the sequester. >> while the process moves forward, boehner has not given up hope
with about 11 days to go before the so-called fiscal cliff, americans facing the biggest tax hike in history if the president and congress don't strike a deal did with talks now stalled, house speaker boehner right now zeroing in on the so-called fallback plan. chief congressional correspondent joining us with the report. >> this has been a heavy lift with numerous groups urging republicans to vote against speaker boehner's plan b, but with the economy less than two weeks from the fiscal...
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Nov 15, 2012
11/12
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MSNBCW
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we have our own fiscal cliff in europe. it is called austerity. it is going on especially throughout southern europe. it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on, the people you see on the pictures are protesting and understandably. they're seeing the standard of living decline aggressively on the back of the tax hikes. it sounds familiar to the debate you're having in the united states. the difference is we're living it now. you're talking about it in the future as well. so the potential ramifications of the fiscal cliff have affected europe. >> shoot me an e-mail at waytooearly@msnbc.com. let me know why you're awake right now. we've moved things around a little bit. we'll read the best responses later in the show. >
we have our own fiscal cliff in europe. it is called austerity. it is going on especially throughout southern europe. it is designed to get the deficits and these enormous debt to gdp levels under control. the problem, of course, is there a human cost and there is an economic cost. the cost of the human front is unemployment. in spain and greece, for instance, 25% of the people are unemployed. and there is negative growth. in spain today we had negative 1.6% gdp figures. if austerity goes on,...
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Nov 12, 2012
11/12
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CNN
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could the looming fiscal cliff make spenders not use their wallets again? alison kosik is here. >> once you hear this, there is a new survey that finds that more than half of the holiday shoppers plan to buy more gifts than they did last year and not only will they spend more, they are not going to plan it out in advance. "money" magazine has a few tips. first, set a budget. make a list of everyone you're going to buy for. don't forget to include expenses like cards, gifts, and food. trim the list down to just the gift exchange or a secret santa or instead of gifts, suggest doing something together, like having dinner or volunteering and before you shop look at the big picture. run a retirement projection of all things or look at your child's college fund. what that could do is put all of your christmas shopping in perspective. look long-term. do you need to buy that gift x for $3,000, if you could do something else for $100? >> i say take a picture. take a picture and put it in a frame, and that's the best -- >> that's -- that warms the heart. sfoo that's
could the looming fiscal cliff make spenders not use their wallets again? alison kosik is here. >> once you hear this, there is a new survey that finds that more than half of the holiday shoppers plan to buy more gifts than they did last year and not only will they spend more, they are not going to plan it out in advance. "money" magazine has a few tips. first, set a budget. make a list of everyone you're going to buy for. don't forget to include expenses like cards, gifts, and...
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Dec 14, 2012
12/12
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FBC
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a we going to have a fiscal cliff resolution? >> in niece to keep this simple and pass a bill that represents what he stands for. down understand why he is negotiating so much. president obama is becoming less flexible. lou: back in july they passed the bill. >> right now he needs to say, i'm not going to be negotiating with myself anymore. this is what we stand for. we want to keep these tax rates on all of americans the same. we don't want to raise taxes on anyone. he is bringing out all of these charts saying a lot to talk about spending. he should have been talking about it to begin with. this should not be an argument about taxes. lou: do you agree? >> i agree. look at this administration. they have added over 5 trillion to the national debt in record time, four years. and they come up with a plan that does not even include real dramatic cuts in spending but rather increases. imagine if that was fed back into the private market, what kind of innovations and job creation it would create. that is the bottom line. how you get a
a we going to have a fiscal cliff resolution? >> in niece to keep this simple and pass a bill that represents what he stands for. down understand why he is negotiating so much. president obama is becoming less flexible. lou: back in july they passed the bill. >> right now he needs to say, i'm not going to be negotiating with myself anymore. this is what we stand for. we want to keep these tax rates on all of americans the same. we don't want to raise taxes on anyone. he is bringing...
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Nov 12, 2012
11/12
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WUSA
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year than reaching a deal to avoid the fiscal cliff. without an agreement on january 1st the bush era tax cuts will expire and $1.2 trillion in spending cuts goes into effect. that will likely result in a spike in unemployment and trigger a new recession. >> everybody recognizes that this will be a terrible thing for american families, for our economy, for just running the government in a sensible way. >> president obama has said any deal must include a tax increase on wealthy americans. an idea that republicans are pushing back against. >> raising those rates on january 1st would according to the independent firm ernst and young destroy 700,000 american jobs. >> but on "face the nation" sunday republican senator lindsey graham said the gop would be open to other means of increasing revenue. >> we don't need to raise taxes, we need to limit loop shoels and deductions for the wealthy. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelro
year than reaching a deal to avoid the fiscal cliff. without an agreement on january 1st the bush era tax cuts will expire and $1.2 trillion in spending cuts goes into effect. that will likely result in a spike in unemployment and trigger a new recession. >> everybody recognizes that this will be a terrible thing for american families, for our economy, for just running the government in a sensible way. >> president obama has said any deal must include a tax increase on wealthy...
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Nov 13, 2012
11/12
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FOXNEWS
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they have 7 weeks to reach a deal to avoid the so-called fiscal cliff. without a compromise billions of dollars of tax increases and spending cuts go into effect on january 1st. it could trigger a double dip recession. republicans say it is not the time for tax hikes. he was held in contempt of congress for failing to turn over documents on the fox fast and furious. it is holding on to attorney general eric holder. they report today the president has asked holder to stay on for a second term. holder has agreed. holder facing criticism for reportedly knowing for months. the cia director david petraeus was involved in an fbi investigation. holder did not tell the president. investigators are trying to pinpoint the cause of the deadly explosion in indianapolis. the ex-husband of the woman whose house is believed it be at the center of the blast says the furnace might be to blame. he says the daughter texted him saying the heat was out the family was spending the night at the hotel. they were not home when the explosion rocked the south side neighborhood kil
they have 7 weeks to reach a deal to avoid the so-called fiscal cliff. without a compromise billions of dollars of tax increases and spending cuts go into effect on january 1st. it could trigger a double dip recession. republicans say it is not the time for tax hikes. he was held in contempt of congress for failing to turn over documents on the fox fast and furious. it is holding on to attorney general eric holder. they report today the president has asked holder to stay on for a second term....
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Dec 22, 2012
12/12
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FOXNEWSW
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>> well, while folks are trying to dig their way out of the fiscal cliff, they're still trying to dig out of snow, serious snow out in the midwest after this week. in iowa, for example, crews across the region working to restore power to thousands of residents who lost their lights at the height of the storm. and record snowfall also taking place in green bay, wisconsin, packers fans helping to clear about 10 inches of snow from the bleachers at lambeau field ahead of sunday's game. that's a lot of fan support. and the storm forcing cancellation of 1400 flights ahead of the busy holiday travel weekend. some 500 of them at chicago's o'hare airport where things are just starting to get back on track. >> i know, i got lucky. think i got the last flight to st. louis until saturday or sunday. so, it just worked out. >> and i was stuck in baltimore yesterday coming home from work and i was delayed there about four hours coming in tonight. so i was worried i wasn't going to make the flight. >> actually, very fortunate at the moment. and hearing that american airlines had 90 cancellations yes
>> well, while folks are trying to dig their way out of the fiscal cliff, they're still trying to dig out of snow, serious snow out in the midwest after this week. in iowa, for example, crews across the region working to restore power to thousands of residents who lost their lights at the height of the storm. and record snowfall also taking place in green bay, wisconsin, packers fans helping to clear about 10 inches of snow from the bleachers at lambeau field ahead of sunday's game....
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Nov 12, 2012
11/12
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WJLA
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we'll be >> with each passing day the deadline to the fiscal cliff gets closer. >> details on what it will take to avoid going over and what will happen if we do. >> in his first official appearance the president signaled to republicans that he is primed for battle. >> i refuse to accept any approach that isn't balanced. >> unless he and congress come to a deal the fragile u.s. economy is headed towards something called the fiscal cliff. >> on january first, $6 trillion in tax increases that will hit all working americans and $1.2 trillion in spending cuts leading to another recession. the big question is whether the bush tax cuts should expire. the president says they should. it's a case he made over and over on the campaign trail. tax cuts tax cuts tax cuts. yesterday john boehner told die an that is a nonstarter. >> i made clear yesterday that raising tax rates is unacceptable. and frankly it couldn't even pass the house. >> still today the president said the debate had been settled. >> this was a central question during the election. it was debated over and over again and on tuesd
we'll be >> with each passing day the deadline to the fiscal cliff gets closer. >> details on what it will take to avoid going over and what will happen if we do. >> in his first official appearance the president signaled to republicans that he is primed for battle. >> i refuse to accept any approach that isn't balanced. >> unless he and congress come to a deal the fragile u.s. economy is headed towards something called the fiscal cliff. >> on january first,...
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55
Dec 23, 2012
12/12
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FBC
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eye 55
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ten days until we got the fiscal cliff. president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington correspondent. what did the president have to say moments ago? >> john boehner did say that this wld be a cooling off period. maybe they would have some time to reflect here. the president said that he did speak on the phone to speaker john boehner this afternoon. he also had majority leader harry reid to avoid the fiscal cliff and figure out a passport. he said he is ready and willing to try t to get a compromise package done. all at once or stuff like that. but we'll have to wait until after the holiday. the president planning to hold out for t
ten days until we got the fiscal cliff. president obama speaking moments ago, saying that maybe some time off will give both parties perspective to drink some eggnog, sing some careless, maybe reached the fiscal cliff deal. how speaker john boehner is doing damage control on their plan b mess. before heading out for the holidays. even as americans are facing more than $500 billion in tax hikes coming on january 1. with more on this, we have peter barnes, fox business sr. washington...
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Oct 20, 2012
10/12
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FBC
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doesn't go off a fiscal cliff. neil: getting a pat on the back from saying something bold is a far cry from actually following up on your recommendation and doing something bold. >> well, no, that's very edward jones helps serious long term individual investors to reach their financial goals. we work with very conservative individuals who are frustrated, who are fearful rit now, who are very concerned the lack of action, gridlock in shington will cause --. neil: what do you say to them, to you, to other bankers that signed the letter? they're on the front line looking at torpedoes. talk about a meltdown there could be the same f you, right? >> it is nreasonable to believe that there's anything good will come out of going over the fiscal cliff. it will adversely affect the markets. neil: what about delaying it? talk is delaying it? what about delaying it six months? >> by delaying it what you will do neil is buy some time. you will buy some time regardless how the election turns out hopefully we can get the presiden
doesn't go off a fiscal cliff. neil: getting a pat on the back from saying something bold is a far cry from actually following up on your recommendation and doing something bold. >> well, no, that's very edward jones helps serious long term individual investors to reach their financial goals. we work with very conservative individuals who are frustrated, who are fearful rit now, who are very concerned the lack of action, gridlock in shington will cause --. neil: what do you say to them,...
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Nov 15, 2012
11/12
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he delivered a brief opening statement, emphasizing the need tovert the fiscal cliff set to take effect january 1. >> there's only one way to solve these humans and that is to do it together. as i've said before, i'm open to compromise and i'm open to new ideas and i've been encouraged the past week to hear republican after republican to agree on the need from more revenue from the wealthiest american as parent of our arithmetic if we're serious about reducing the deficit. >> the president fielded questions. the budget was the most pressing subject. obama vowed not tho extend the bush tax cuts for the top 2% of income earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion, and it's very difficult to see how you make up that trillion dollars, if we're serious about deficit reduction, just by closing loopholes and deductions. the math tend not to work. >> the president also addressed issues of nationalecury, inuding a strong defense of the united nations ambassador and potential ne
he delivered a brief opening statement, emphasizing the need tovert the fiscal cliff set to take effect january 1. >> there's only one way to solve these humans and that is to do it together. as i've said before, i'm open to compromise and i'm open to new ideas and i've been encouraged the past week to hear republican after republican to agree on the need from more revenue from the wealthiest american as parent of our arithmetic if we're serious about reducing the deficit. >> the...
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Dec 20, 2012
12/12
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five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> well, president obama has threatened to veto boehner's measure and he said republicans need to drop any personal grudges they might have to do what's best for the country. >> they keep on finding ways to say no as opposed to finding ways to say yes. and i don't know how much of that just has to do with, you know, it is very hard for them to say yes to me. but, you know, at some point they've got to take me out of it. and think
five days out from christmas, 12 days away from the fiscal cliff deadline that could potentially cripple the economy. house republicans are expected to vote on plan "b." that's speaker john boehner's safety net proposal that would maintain bush era tax rates for everyone making a million dollars or less. >> about providing and working with us on a balanced approach. tomorrow the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the...
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Nov 16, 2012
11/12
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in 15 minutes congressional leaders will meet with president obama to talk about the fiscal cliff. also this morning former cia director david patraeus testifying at two closed hearings on capitol hill about what happened on september 11 in libya. >>> major developments in the situation in israel and gaza where they could be on the brink of war. two rockets hitting southern tel aviv today. that was the sound they heard there. while no one was hurt it is the farthest gaza has ever hit inside israel. a brief cease-fire earlier in the day did not last long either. let's go to gaza live. >> reporter: good morning, richard. in fact, those sirens you're hearing on the israeli side, there aren't any of them here in gaza. in fact, israel has been carrying out air strikes all over the course of the past several hours. palestinians are reporting that there were casualties including a palestinian boy in the city. palestinian militants have been able to fire rockets into southern israel. there is no sign that the conflict on that front is actually slowing down. in fact, what many people here a
in 15 minutes congressional leaders will meet with president obama to talk about the fiscal cliff. also this morning former cia director david patraeus testifying at two closed hearings on capitol hill about what happened on september 11 in libya. >>> major developments in the situation in israel and gaza where they could be on the brink of war. two rockets hitting southern tel aviv today. that was the sound they heard there. while no one was hurt it is the farthest gaza has ever hit...
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Dec 19, 2012
12/12
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there is big news to report tonight on the fiscal cliff talks. today social security got sucked into the negotiations. here is the latest offer from the white house. the president of the united states campaigned on letting taxes go up on anyone making $250,000 a year. now he is offering to almost double it to $400,000 a year. democrats are also offering $8 billion in cuts. they want to raise the debt ceiling for the next two years. d now the white house is offering cost-of-living adjustments on social security. these are not your average cost-of-living adjustments. the white house says we can recalculate how much money people get as they age. the technical changes could save some money, but it could cost seniors dearly. this is what the poverty rate for seniors would look like without social security. almost half the seniors would fall below the poverty line. now look at this. social security dramatically reduces poverty among seniors. cutting social security would be cruel. the white house is defending the proposal. >> the president has always s
there is big news to report tonight on the fiscal cliff talks. today social security got sucked into the negotiations. here is the latest offer from the white house. the president of the united states campaigned on letting taxes go up on anyone making $250,000 a year. now he is offering to almost double it to $400,000 a year. democrats are also offering $8 billion in cuts. they want to raise the debt ceiling for the next two years. d now the white house is offering cost-of-living adjustments on...
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Nov 22, 2012
11/12
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FBC
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facing a fiscal cliff. a very big issue. one of the things that might come about of washington is maybe what we do is take away the mortgage deduction. is that a threat to the market? >> suddenly the fiscal cliff is the number one threat to the market. forget to recession, we are back into housing market crisis, no doubt about it. by the way, if we don't solve the fiscal problems going forward, we have an interest rates by kenaf future. so out. gerri: we cannot win for rying. >> exactly 56 can't win either way. other people talk about the possibility of another recession . i guess you could call it a double dip. it does not feel like we ever get out of the last. do you see recession as a big threat to the housing market? >> not if that this booklet is handled properly. if we have a huge set of government spending cuts and tax increases, certainly a recession would be a problem for the housing arket. on the other hand to mouth we have to be careful not to trade one set of tax hikes for another. you mentiod mortgage interest r
facing a fiscal cliff. a very big issue. one of the things that might come about of washington is maybe what we do is take away the mortgage deduction. is that a threat to the market? >> suddenly the fiscal cliff is the number one threat to the market. forget to recession, we are back into housing market crisis, no doubt about it. by the way, if we don't solve the fiscal problems going forward, we have an interest rates by kenaf future. so out. gerri: we cannot win for rying. >>...
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Nov 12, 2012
11/12
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FBC
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let's just drive over the fiscal cliff. is that an option? >> it is an option, both politically and economically it will be a mistake because the president learned from the debt shut down. there is a big car full of congress and no deal and it's all poisonous, he is heard as well as congress. he has to be aware of that. and just the economic effects. we have seen some of the effects of the uncertainty now. just imagine going into january with these rates going up. the democrats and the president would try to blame republicans, but it's tricky when you have democrats out there frontally, like the senator saying, this is a big part of our leverage and it would not be such a bad thing if it happened. gerri: i just can't imagine anybody would want to take responsibility for the loss of 2 million jobs and another recession. we may already be in recession, and that is one factor that nobody is talking about. we may be driving right into the teeth of a recession and raising taxes at the same time, which could be a very big problem for this economy.
let's just drive over the fiscal cliff. is that an option? >> it is an option, both politically and economically it will be a mistake because the president learned from the debt shut down. there is a big car full of congress and no deal and it's all poisonous, he is heard as well as congress. he has to be aware of that. and just the economic effects. we have seen some of the effects of the uncertainty now. just imagine going into january with these rates going up. the democrats and the...
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Nov 14, 2012
11/12
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WUSA
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it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: bainer and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead raising their tax rates. >> we are not going to hurt our economy and make job creation more difl which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach your relationships with congress in the second term? >> look, i think there's no doubt that i can always do bett
it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: bainer and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead...
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Nov 15, 2012
11/12
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the first test in the fiscal cliff negotiation. are they going to continue to insist that the people at the top who make the most money should not participate in solving the problem. are they going to insist in the beginning of next year when we turn to immigration reform that they're not going to help solve the problem of coming up with a comprehensive immigration reform bill. the problem for the republicans is they have to change positions. when they change positions people in the base will be very unhappy, and it's going to divide the party. but governor jindal is saying all the right things. the questions will be do the actions follow his words? >> also looking back to try to understand what happened during the 2012 election, running mate paul ryan, as you know, said urban voters gave the president the big margin to win. the critics are saying this is about questioning the democratic get out the vote efforts and mirntds. is it? >> no. when you look at the numbers, that's not really the reason they lost the election. i think the
the first test in the fiscal cliff negotiation. are they going to continue to insist that the people at the top who make the most money should not participate in solving the problem. are they going to insist in the beginning of next year when we turn to immigration reform that they're not going to help solve the problem of coming up with a comprehensive immigration reform bill. the problem for the republicans is they have to change positions. when they change positions people in the base will...
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Dec 2, 2012
12/12
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cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would c
cliff. they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at...
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Dec 23, 2012
12/12
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FOXNEWSW
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we do have this practical problem ten days from now of the fiscal cliff. i said republicans would be well advised to accept the fact that president obama won the election and minimize the damage that will be done by the tax increase that is coming. >> chris: you would go for the stripped down obama plan? >> i would go for what the speaker tried to do late last week and try to get the number up from $250,000. yes, there is going to be a tax increase on the wealthy. i would try to protect investments as much as possible. do the amt patch. have a reasonable deal on estate taxes. i'm a squish on this. got to make the best of a bad situation. i think what will happen incidentally is republicans will be faced on monday, on december 31 with having to vote on a much worse proposal than the one they didn't give speaker boehner the majority for. >> chris: the plan b. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker proba
we do have this practical problem ten days from now of the fiscal cliff. i said republicans would be well advised to accept the fact that president obama won the election and minimize the damage that will be done by the tax increase that is coming. >> chris: you would go for the stripped down obama plan? >> i would go for what the speaker tried to do late last week and try to get the number up from $250,000. yes, there is going to be a tax increase on the wealthy. i would try to...
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Dec 19, 2012
12/12
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FBC
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okay, there's the fiscal cliff, that's the imediate hurdle. aced void that -- avoid that, then there's signs the head winds holding the economy back are sarting to abate, and housing's sarting to turn a little bit andother good news so if we avoid shooting ourselves in the foot with the cliff, maybe the economic outlook brightens a little. lou: tell me what 1.83 on the ten year, what's that reflect? i mean, does it mean ben bernanke's plan is timely working? >> 1.83 is low, up little bit, better than they were. lou: 30 basis points where where we we. >> that's true. part of that, maybe some of the green shoots in terms of the economic outlook and also, that, hey -- lou: positive indicator on the economy. when investors talk about green shoots, reach for the buy button. i don't know, but it's looking better than it has i awhile. lou: josh, thank you for being here, appreciate it. >> thanks. lou: the newtown massacre, spurring calls for gun control. in the "chalk talk" tonight,we look at what may be one of the largest and important problems in t
okay, there's the fiscal cliff, that's the imediate hurdle. aced void that -- avoid that, then there's signs the head winds holding the economy back are sarting to abate, and housing's sarting to turn a little bit andother good news so if we avoid shooting ourselves in the foot with the cliff, maybe the economic outlook brightens a little. lou: tell me what 1.83 on the ten year, what's that reflect? i mean, does it mean ben bernanke's plan is timely working? >> 1.83 is low, up little bit,...
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Dec 20, 2012
12/12
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we have christmas and santa will have to fly around the fiscal cliff because it will be here and the lawmakers will go home for christmas and back next week because right now, other than the house of representatives vote, which you were talking about, the bill is not going anywhere in the senate and we are nowhere. >>shepard: they are not that far apart. are republicans in the house of representatives now trying to figure out a way if this happens to blame the other side or do they actually think they can do something? >>guest: if boehner can pass the bill and it will be a tight vote tonight, because most democrats will vote no and you have a lot of tea party lawmakers not fond of this, if he passes it, he increases leverage and this is what washington gained a house of representatives and senate, they ping-pong back and forth but we are getting close and the markets will get rattled soon. >>shepard: they voted on the rule to proceed which passed. next comes the vote. the majority whip says they have the votes and this will pass in the house of representatives. but it will not pass i
we have christmas and santa will have to fly around the fiscal cliff because it will be here and the lawmakers will go home for christmas and back next week because right now, other than the house of representatives vote, which you were talking about, the bill is not going anywhere in the senate and we are nowhere. >>shepard: they are not that far apart. are republicans in the house of representatives now trying to figure out a way if this happens to blame the other side or do they...
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Dec 21, 2012
12/12
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FBC
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lou: let's turn to the fiscal cliff, speaking of things that aren't real and aren't sustainable. the way the white house and speaker john boehner and congress are proceeding, they have got to come p with a deal, it would seem, or we are going to 12 days be a wrap. >> they are doing this at the last minute as they so often do. what you are seeing is the state rattling. you and i both know to get a deal done, parties that can make a decision, get in a-determia-determi ner room and make a decision. this back-and-forth is the exchange of getting documents to lawyers and tell them to negotiate a deal. that doesn't happen. lou: do you think we're going to see the mortgage deduction removed? >> i seriously doubt it. that is foundational, also in the u.s. economy. there is some rattling in that regard, but i think the mortgage interest deduction is secure. lou: deal oro deal? >> i think it will be tough before christmas. there's a better chance by december 31, the risk of moving into janua. lou: and that is a risk to the market. >> yes. lou: great to have you with us. coming up next, the
lou: let's turn to the fiscal cliff, speaking of things that aren't real and aren't sustainable. the way the white house and speaker john boehner and congress are proceeding, they have got to come p with a deal, it would seem, or we are going to 12 days be a wrap. >> they are doing this at the last minute as they so often do. what you are seeing is the state rattling. you and i both know to get a deal done, parties that can make a decision, get in a-determia-determi ner room and make a...
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Nov 25, 2012
11/12
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FBC
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. >> brenda: forget the fiscal cliff. is the union clash with businesses a bigger threat to jobs? from protesting wal-mart on the busiest shoppings day of the year and targeting one frt busiest u.s. airports on one of the busiest travel days of the year. we'll see big labor's travel play, a blow to a chance for anyone's recovery. hi, everyone, i'm brenda buttner, this is bulls and bears, and here we go the bulls and bears, gary b smith, tobin smith, jonas max ferris along with jim la camp and steve murphy, welcome to everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody they're going to hire less people. we're already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, we've seen the layoffs accelerate and now the unions are trying to kick businesses at a time when bunesses are hting and at a time when they're uncertain about labor c
. >> brenda: forget the fiscal cliff. is the union clash with businesses a bigger threat to jobs? from protesting wal-mart on the busiest shoppings day of the year and targeting one frt busiest u.s. airports on one of the busiest travel days of the year. we'll see big labor's travel play, a blow to a chance for anyone's recovery. hi, everyone, i'm brenda buttner, this is bulls and bears, and here we go the bulls and bears, gary b smith, tobin smith, jonas max ferris along with jim la camp...
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i will tell you why next the fiscal cliff could cost fiscal cliff could cost government jobs. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. but to reduce government spending and the amount and they're talking about, the amount congress if should pass any way with
i will tell you why next the fiscal cliff could cost fiscal cliff could cost government jobs. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help...